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at "the washington post" to figure out who might be president. i started that process with bill clinton, turning it into a book, and so there was an assumption when i wrote about barack obama in 2008, an assumption by my friends and colleagues that i would just immediately launch into the boying of barack obama, and i haveƱhr to say it was onef the more disk decisions made in my career, and it had nothing to do with barack obama, but what i consider to be the increasingly toxic nature of superficial nature offed -- of modern american politics. i was not sure i wanted to spend three or four years trying to get the true story and throw that into the swath of this culture knowing that there would be people who could try to manipulate any fact and turn it for their political purposes, which, to some extent, is what happened early on until i refused to let it happen more. in any cation, on election night in 2008, i decided i had to do the book, and the story, itself, is what was drawing me into it in a way that transcended any of my concerns about the political culture. this book is really
the rates. think about it. we haven't touched it since ronald reagan really. in 1986. bill clinton did raise the rate one point but we haven't done anything to touch our rate and reform our code. every other country, all of them have. taxes gone from 16% to 15%. you do business there. this flow of capital will follow countries that have more competitive environment and taxes are one of them. yes, we have to reform the tax code. when you do that, i will get more revenue. it is guaranteed. again, sort of as i was talking about earlier. this is opportunities here. this is opportunity for us as a country. if you look at the congressional budget analysis and joint tax committee analysis, what tax reform could mean in terms of macroeconomic impact and growth, all will lead to more growth, whether corporate tax reform or individual tax reform. >> right but if the president insists as he did last friday, this was fought over in the campaign and, fought over tax rates, rising tax rates, he didn't ice the words rates himself but jay carney, the white house press secretary said the president will veto
: just a related note. jim saying president bush read -- raise taxes and bill clinton ran on the worst economy in 50 years. guest: to the last caller, i do not mean to disappoint you. i agree with what you are saying. we do not have a position that we should lower taxes on corporations. there are some democrats saying that. it seemed crazy to me. we desperately need the revenue to kickstart our economy. when you talk about the fact that our government has been captured by lobbyists and corporate interests, when i talk about -- talk to moveon members, that is the first thing they say. banks have absolutely capture the regulatory process. oil companies have a huge amount to say about what the energy regulations are. you can go right down the list. i totally agree that we have to change how campaigns are financed in this country and the revolving door that allows people to zoom right out of government into lobbying and back and forth. that door should be slammed shut. there are things we need to do to break the ties between corporations and big business and the government that should be s
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